Availing a home loan comes with multiple benefits. Home loans let you achieve your goal of buying a
new home and make you eligible for tax benefits. These tax benefits can contribute towards your EMI
flow and savings. Take a look at the following points and calculate your tax benefits based on your loan
The home loan borrower enjoys Tax Benefits on both Interest paid & the Principal repaid. Under Section
24(d) of Income Tax, the deduction of interest payable on the home loan is up to a maximum of Rs.
Under Section 80(c) of Income Tax, Principal amount for the repayment of loan along with other savings
& investments is eligible for tax deduction up to a maximum limit of Rs. 1,00,000.